{"id":1050,"date":"2017-07-13T21:05:00","date_gmt":"2017-07-14T04:05:00","guid":{"rendered":"https:\/\/www.jacksonwhitelaw.com\/probate\/?p=1050"},"modified":"2022-11-15T13:59:18","modified_gmt":"2022-11-15T20:59:18","slug":"settle-estate-trust","status":"publish","type":"post","link":"https:\/\/www.jacksonwhitelaw.com\/probate\/blog\/settle-estate-trust\/","title":{"rendered":"How to Settle an Estate with a Trust?"},"content":{"rendered":"

Introduction<\/h2>\n

A trust is a is a legal arrangement in which a person entrusts their property and funds into the hands of a third party who will distribute that person\u2019s property and funds to their beneficiaries upon his or her death. That third party is referred to as the trustee, or successor trustee in the case of a living will. It is the job of the successor trustee to settle the affairs of the deceased individual and distribute their assets as agreed upon in the trust. If you find yourself having to settle an estate with a trust, do not panic. There are a few key steps you can take to help you along your way.<\/p>\n

Make Some Calls<\/h4>\n

In the case of simple trusts, it will only take about six months to get most of the work taken care of. One of the first steps you will want to take is to find the trust and other supporting documents. Read over the trust and look for any specific instructions that the grantor (original owner of the trust) wrote out for you. Next, you will want to get in contact with the following people; you will be working closely with these individuals as you settle the grantor\u2019s estate:<\/p>\n